Cheapest electricity plans in Melbourne 3000, Victoria

Melbourne (3000) sits in the mild temperate climate zone. For a typical inner-city 2-person household here — about 4,840 kWh/year (13.3 kWh/day) — these are the cheapest electricity plans, ranked by estimated annual cost from 520 plans available in the postcode.

Retailer / planEst. $/yrvs best
Flow Power Cheapest
Flow Home Battery + Solar + EV: Variable Prices (estimate) ⚠ market price
$944Go to retailer →
Flow Power
Flow Home Battery + Solar: Variable Prices (estimate) ⚠ market price
$993+$49Go to retailer →
Tango Energy
Everyday Easy
$1,220+$276Go to retailer →
GloBird Energy
GloBird BOOST Residential (Flexible Rate With CL) Citipower
$1,246+$303Go to retailer →
GloBird Energy
GloBird BOOST Residential (Flexible Rate) Citipower
$1,246+$303Go to retailer →
Alinta Energy
HomeDeal Flex - Single Rate + CL
$1,266+$323Go to retailer →
Alinta Energy
HomeDeal Flex - Single Rate
$1,266+$323Go to retailer →
OVO Energy
The One Plan - AUG2026
$1,266+$323Go to retailer →
Flipped Energy
Anytime Switched On! Controlled Load
$1,274+$330Go to retailer →
Flipped Energy
Anytime Switched On!
$1,281+$338Go to retailer →

Plan types explained

  • Single rate — one price per kWh at any time of day.
  • Time of use — the price per kWh changes by time of day: peak (afternoon/evening) costs more than off-peak/overnight.
  • CL (controlled load) — a separate, cheaper circuit for an appliance like electric hot water, billed at a lower rate.
  • Market price — the rate tracks the wholesale electricity market, so it can change.

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Estimates only, based on typical usage for your postcode and household size (AER energy consumption benchmarks). Your actual costs depend on how and when you use power. We may earn a referral fee if you switch via a link here — this does not affect your price or the ranking, which is by estimated annual cost. Plan data: AER Consumer Data Right (Energy Made Easy). Prices last checked: 23 August 2026.

Other areas in Victoria

Point Cook · Hoppers Crossing · Cranbourne North · Craigieburn · Caroline Springs · Glen Waverley · Alfredton · Narre Warren South · Highton · Frankston · St Albans · Dandenong

All Victoria areas →

Estimates only, based on typical usage for this postcode (AER consumption benchmarks). Plans ranked by estimated annual cost. We may earn a referral fee if you switch via a link — this does not affect the ranking. Data: AER Consumer Data Right. Prices last checked: 23 August 2026.